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Old 10-22-2008, 05:20 AM
Blake J. Gideon
 
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How about no more bailout packages? Government spending needs to decrease not increase. Where is this bailout money coming from? Arent they just printing it?

Just because they made a mistake approving the 700 Bn, dosent mean they should make it worse by giving away more handouts.

Never the less, I believe they just approved another 500 Bn for a money market bailout or something.

So the money supply has increased by more than a trillion in less than a few months. I wonder what the percentage increase on this is.

Actually, all these bailouts are helping you with your loans. You see, the money supply is rising, thus prices will follow suit. Your nominal 150,000 in loans currently will most likely decrease in real terms once you begin to paying them off.
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